Death to the craftsman

Master Craftsman - have you worked with honesty,
then you'll now come into the right market;
not with deceit - beautiful to the eye
[but] bad inside - and thus deceived.
Have you also been honest with all diligence -
that will God reward now - and also in eternity.

Death to the student

Mr. Domine(2) or Johannes - whatever your name is,
Death gives you no longer respite.
A young man shall in [good] time learn
to serve God - his Lord.
Have you also learned this with diligence -
then you will now be eternally honoured.

The craftsman

Alas no, I am afraid for many affairs;
might I live, [then] I would make it better.
After all - I have learned my craft well;
I was also dear and valued to my guild brothers.
If only Death [would] let me live longer
what would it hurt him and my wife, Grete?(1)

The student

Non non, expectate,(3) it is not yet time.
I have studied with great diligence -
often I have received sharp correccien,
like when I neglected leccien.
Might I appeal - Death causes me pain,
Alas unfortunately no, that is impossibile.

Footnotes:
(1)(2)(3)

Timothy Sodmann puts commas around "what would it hurt him",
so the meaning becomes, "What would it hurt Death to let me and my wife Grete live?".

These commas are not in the original, so a literal reading is:
What would it hurt Death and my wife Grete to let me live?".
I don't know if the author deliberate made the sentence ambiguous.